Ranch Property with Rental
8400 W Country RD 170 Midland, TX 79706
For Sale
$1,500,000
LAND - Midland, TX
Lot Size106.00 Acres
Days on Market85
Property Features for 8400 W Country RD 170
General Information
- Property type
- Land
- Property subtype
- Other
- Fencing
- Barbed Wire
- Standard status
- Active
- APN
- R0000185377
- Lot size
- 106.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1577
Utilities
- Water source
- Well
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Austin Peeler
(432) 349-4636
Added: Apr 30
Changed: Jun 3
Last Checked: Jul 23 at 1:06PM
MLS# 174292
Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 106-acre ranch property includes three established rental homes already on site. The current configuration provides multiple dwelling units within a single landholding, allowing an owner to pursue continued occupancy, renovation upgrades, or a repositioning strategy for the residences.
The property is located in Midland, Texas, in Midland County. With the acreage component, it may suit buyers looking for a larger footprint that can support residential improvements alongside broader ranch or land-use goals.
For investors and buyers considering a blended approach, the on-site homes offer a practical way to own land with existing improvements rather than starting from scratch. For ranchers or land-focused buyers, the acreage provides room for productive land use while still maintaining the existing rental housing as part of the overall asset. As with any residential investment, prospective buyers should evaluate the condition of each home and the feasibility of any planned upgrades based on their intended operating or redevelopment plan.
The property is located in Midland, Texas, in Midland County. With the acreage component, it may suit buyers looking for a larger footprint that can support residential improvements alongside broader ranch or land-use goals.
For investors and buyers considering a blended approach, the on-site homes offer a practical way to own land with existing improvements rather than starting from scratch. For ranchers or land-focused buyers, the acreage provides room for productive land use while still maintaining the existing rental housing as part of the overall asset. As with any residential investment, prospective buyers should evaluate the condition of each home and the feasibility of any planned upgrades based on their intended operating or redevelopment plan.
Key Highlights
- Three established rental homes on the property, providing income potential from day one
- Water source is a well
- Fenced with barbed wire
Property Analytics
Location Intelligence
Current Use by Public Records
Ranches
FAQs
What type of property is this?
Ranch - 106-acre ranch with three existing rental homes, offering an on-site housing component for continued income or renovation.
Where is this ranch located?
The property is located at 8400 W Country RD 170 Midland, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three established rental homes on the property, providing income potential from day one; Water source is a well; Fenced with barbed wire
